
UK Recovers GBP 1.6 Billion From Smugglers
The rapidly growing tax burdens on alcohol and tobacco are fuelling mass smuggling in the UK, although efforts by tax authorities are helping to bring a significant portion of the contraband back into the tax net. Investigations into smuggling of tobacco and cigarettes in the UK in 2015 led to the recovery of GBP 1.63 billion in taxes, according to the results of new research completed by the UK accounting firm UHY Hacker Young.
The amount of taxes collected from uncovered smuggling operations in 2015 is 6 percent higher than in the previous year.
http://www.taxationinfonews.com/2016/03/uk-recovers-gbp-1-6-billion-from-smugglers/
Related Posts
Tobacco smuggler brought back from Spain to serve prison term
The Most Wanted fugitives fled abroad either before or during their trial. John...
$750,000 Worth of Fake iPhones & Other Devices were Seized in Ireland
Police in Northern Ireland shut down a major counterfeiting operation this...
Canadian Mounties seize fake OxyContin
Bagged pillsPolice in Canada are warning the public to beware of counterfeit...
‘Fake fragrances [in Dubai] damage brands’
The scent of counterfeit fragrances could create a stink for big brands in the...


